Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to support energy companies in the UK.

My Rt. Hon. Friend the Secretary of State and I have held a series of bilateral and roundtable events with a range of larger, smaller and challenger suppliers, and are continuing to engage with these stakeholders regularly to hear about the challenges they currently face.

It is Ofgem, the independent regulator’s responsibility to engage with suppliers considering exiting the market.

In a competitive market, it is normal from time to time for energy suppliers who cannot finance their activities to exit the retail energy market.